ArcelorMittal Vigorously Pushing Forward Acquisition Of Overseas Coal Assets

摘要

The largest iron and steel producer in the world ArcelorMittal of Luxemburg in these days has been vigorously striving to acquire overseas coal assets. In preparation for expanding demand for metallurgical coal resulting from constructions of new blast furnaces in India and other countries, the company has been buying out prime overseas metallurgical coal assets one after another in order to raise its own procurement ratio. Within mere these three months period of time the company has taken possession of metallurgical coal assets in Russia, Australia, South Africa and the United States one after another.